Kopin Secures $14 Million Order for Thermal Imaging Assembly
In addition to production order, customer additionally authorized
The eyepiece assembly is part of a detachable weapon system that enables warfighters to acquire targets in hostile conditions—day or night, and even through smoke or fog—dramatically boosting their ”stand-off advantage” and combat effectiveness on the battlefield. This eyepiece assembly integrates Kopin’s proprietary display, optic, electronic and housing technologies in a robust assembly.
“This purchase order is a part of a multi-year full-scale production program, showcasing Kopin’s expertise in the design and production of advanced high resolution microdisplays, optics, drive electronics and ruggedized housings for weapon sights and other mission critical applications,” said Bill Maffucci, Senior Vice President, Business Development and Strategy. “Kopin’s solider system solutions help to improve warfighters’ situational awareness with vision systems that enable our women and men in the armed forces to maintain a combat advantage.
“Our proven track record of delivering over 400,000 mission critical solutions across several generations of defense programs has been reaffirmed by this order. We look forward to continuing our collaboration on this program and other vital projects,” said Maffucci.
About Kopin
Kopin Corporation is a leading developer and provider of innovative display, and application-specific optical solutions sold as critical components and subassemblies for defense, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepiece assemblies, image projection modules, and vehicle mounted and head-mounted display systems that incorporate ultra-small high-resolution Active Matrix Liquid Crystal displays (AMLCD), Ferroelectric Liquid Crystal on Silicon (FLCoS) displays, MicroLED displays (µLED) and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com. Kopin is a trademark of Kopin Corporation.
Follow us on LinkedIn, X and Facebook.
Forward Looking Statements
Statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the safe harbor created by such sections. Words such as “expects,” “believes,” “can,” “will,” “estimates,” and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such “forward-looking statements,” which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to our expectation of a future order and our belief that our eyepiece assemblies dramatically boosting warfighters ”stand-off advantage” and combat effectiveness on the battlefield. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management’s expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 30, 2023, or as updated from time to time by our Securities and Exchange Commission filings.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250317057404/en/
Kopin Contact Information
Richard Sneider, Treasurer and Chief Financial Officer
Richard_Sneider@kopin.com
508-870-5959
MZ Contact
Brian M. Prenoveau, CFA
MZ Group – MZ North America
KOPN@mzgroup.us
561-489-5315
Lightspeed PR Contact
Grace Halvorsen
Lightspeed PR/M
Kopin@lightspeedpr.com
Source: Kopin Corporation
FAQ
What is the value of Kopin's (KOPN) new thermal imaging assembly order?
What is the purpose of Kopin's (KOPN) thermal imaging assembly system?
How many mission-critical solutions has Kopin (KOPN) delivered in defense programs?
What technologies are integrated into Kopin's (KOPN) thermal imaging assembly?
Is the $14 million KOPN order part of a larger program?
